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things are falling apart in new york. everyone wants to know how long will it be before drivers have access to gas? joining me now, patrick dehaan, chief petroleum analyst with gasbuddy.com. i was talking to someone before the show had a lead pipe thrown at her at a line in a gas station. >> wow. melissa: it is getting really crazy out there. is it going to get better anytime soon in terms of the supply? >> it is called liquid gold for a reason. everybody is fighting for it. it will get better but unfortunately this isn't something that heals itself overnight. it will take several days before power is restored to more and more facilities, more and more terminals. meanwhile it is simply a waiting game. melissa: yeah. i mean some people have tried to blame this on panic. that people are filling up before they really need the gas. it has gone far beyond that. tell me what exact i is the problem here? is it a lack of power? is it a lack of supply in the area? what's specifically, give me the chain of events? >> well, what we'
things are falling apart in new york. everyone wants to know how long will it be before drivers have access to gas? joining me now, patrick dehaan, chief petroleum analyst with gasbuddy.com. i was talking to someone before the show had a lead pipe thrown at her at a line in a gas station. >> wow. melissa: it is getting really crazy out there. is it going to get better anytime soon in terms of the supply? >> it is called liquid gold for a reason. everybody is fighting for it. it will...
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gas rationing sweeping the new york region all from superstorm sandy. that was two weeks ago, by the way. experts said the supply crunch would end days ago. how did they botch this so badly? we're getting some answers, trust me. >>> plus a report says tax hikes on the wealthy won't kill economic growth. you have to check that math. one of the biggest supporters of taxing the rich is here to disagree with me. >>> west gait resorts ceo threatens layoffs if president obama was reelected. now he is singing a very different tune. you won't belief what he really did. david siegel joins me to explain why. even when they say it's not it is always about money. melissa: and first, let's take a look at the day's market headlines. stocks squeaked out small gains following their biggest two-day decline for the year. concerns about the fiscal cliff still lingering but better than expected consumer sentiment gave a little optimism to investors. the dow closed up four points. groupon's shares nosedived more than 30% today. the daily deal site reported disappoint earnin
gas rationing sweeping the new york region all from superstorm sandy. that was two weeks ago, by the way. experts said the supply crunch would end days ago. how did they botch this so badly? we're getting some answers, trust me. >>> plus a report says tax hikes on the wealthy won't kill economic growth. you have to check that math. one of the biggest supporters of taxing the rich is here to disagree with me. >>> west gait resorts ceo threatens layoffs if president obama was...
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melissa: that is new york attorney general eric schneiderman. i spoke with him about the new lawsuit he brought against jpmorgan over the financial crisis. we have more in a moment. charlie gasparino is here with breaking news on this story. here's what is also money tonight. president obama and mitt romney getting ready to face off in the first presidential debate. one man who didn't get an invitation? libertarian presidential candidate, gary johnson of the he will join us here live. >>> plus an influential coal miners union says it won't endorse president obama's slamming the administration's war on coal. will this be a deciding factor in the election? >>> houses of millionaires collecting unemployment checks? does that make sense to you? even when they say it's not it is always about money. melissa: so here's look at the day's market headlines. spain's prime minister denying speculation that a spanish bailout request is imminent. stocks pared early session gains following the news and the dow closed down 32 points on the day. >>> a mixed pict
melissa: that is new york attorney general eric schneiderman. i spoke with him about the new lawsuit he brought against jpmorgan over the financial crisis. we have more in a moment. charlie gasparino is here with breaking news on this story. here's what is also money tonight. president obama and mitt romney getting ready to face off in the first presidential debate. one man who didn't get an invitation? libertarian presidential candidate, gary johnson of the he will join us here live....
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adam: in new york, nine out of tense cars the big problem is the driver in the other car. >> that is all across the country. adam: before we get to the fun game we want to do with you, is there any way to avoid this? are consumers pretty much freaked out right now and we'll start the year off poorly in the car industry? >> if you have a good credit rating you do have a new vehicle, one of the smartest things you can do is pick up incentives by end of the year. you have a few days left. great deals out there. use the incentives. use consolidation sites. go to the manufacturers, negotiate, if those cliff comes, people in really good position will be having a deal. adam: lauren loves must tanks. i love the new ford fusion. lauren can you maim this car? first car up. what is that? >> i'm trying to see what. looks like studebaker. adam: it is a studebaker. 53 star liner. next car. >> that is your kind of car. adam: that is my kind of car. >> looked like a cord. adam: 38 auburn. >> 38 auburn. adam: last car. >> make it a shell by. adam: what is that? >> hard to see, from here looks like it
adam: in new york, nine out of tense cars the big problem is the driver in the other car. >> that is all across the country. adam: before we get to the fun game we want to do with you, is there any way to avoid this? are consumers pretty much freaked out right now and we'll start the year off poorly in the car industry? >> if you have a good credit rating you do have a new vehicle, one of the smartest things you can do is pick up incentives by end of the year. you have a few days...
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and he lied or he did nobody was talking about when he said in "the new york times" if you have a good investment decision, you are not going to make it regarding any change in tax policy. we are seeing one of the biggest intergenerational transfers of wealth. wealth managers are built up with people trying to transfer millions to their kids before the taxes go up in the estate tax goes up. basically, we could be looking at a private stimulus package happening. >> you are talking about transferring 25 million-dollar houses from one rich person to another, right? >> you are buying stuff back and forth. the parents to give that to their kids. the estate tax is 35% on everything over $5 million and agosta 55%. anything over $1 million. it is horrible. melissa: dennis needs a break after running the 12 flights of stairs. this time this item is for christmas. this starbucks card will set you back $450. the card itself costs $50, then the card itself is $450 for the gift card. you cannot buy them at the store coming have to give them from gil.com. >> of i spent $450, it will be almost a full
and he lied or he did nobody was talking about when he said in "the new york times" if you have a good investment decision, you are not going to make it regarding any change in tax policy. we are seeing one of the biggest intergenerational transfers of wealth. wealth managers are built up with people trying to transfer millions to their kids before the taxes go up in the estate tax goes up. basically, we could be looking at a private stimulus package happening. >> you are...
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new york city could be setting the example by allowing full frontal adds to cover their metro cars. i have one here. take advantage of the back of the card. it offers the 20% discount. a great strategy to raise revenue? you know, does the credibility suffered? know where on here -- first of all, it really does not even say it is a metro card. basically just says go to the gap and you can have 20 percent of. >> whatever it takes. going a prolonged time. it keeps them down. had that it. advertising on my sleeve. i'm all for it. melissa: whoever it takes. >> a kenwood for the criticism if we do continue to see rates go up and. but if someone can save a couple of bucks and nothing disserts anybody. >> based on where it was purchased. advertise for near there. it's pretty clever marketing. all right. next to my this is what you have been waiting for. melissa: talk about a bachelor party gone bad. him in the hospital. now he is suing. claims that the dancers slowing down the straw poll and landed them with such force that it ruptured his bladder. it gets worse, believe it or not. this was
new york city could be setting the example by allowing full frontal adds to cover their metro cars. i have one here. take advantage of the back of the card. it offers the 20% discount. a great strategy to raise revenue? you know, does the credibility suffered? know where on here -- first of all, it really does not even say it is a metro card. basically just says go to the gap and you can have 20 percent of. >> whatever it takes. going a prolonged time. it keeps them down. had that it....